Funding you earn now, next payment 05:00 UTC−0.0903%/8h= −98.8% APRnext payment −$1.13 per $10,000 · paid last 24h −0.214%
Price spread now: Injective against Coinbase International−7.888%64s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Injective is 7.888% cheaper against Coinbase International than usual: you would sell low and buy high (−$789 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International APE-PERP-INTX | 0.1496 | 0.0936 | pay 0.0117% / 1h | 52m 05s | $101K | $8K | 25x |
| Short | Injective APE/USDC PERP | 0.1378 | 0.0033 | get 0.0004% / 1h | 52m 05s | $1K | $12K | 5.5x |
Coinbase International APE-PERP-INTX
Injective APE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$189.56
- Price spread: −7.888% → 0.000%
- −$788.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$988.35
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 56 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 56 min ago | 16.95 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APE on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX APE/USD [APE-USDC] | L −0.0178% / S +0.0185% | 1h | 0.1481 | −1.018% | $1K | — | 100x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −17.444% | — | — | — | as long as short |
| Kraken Futures PF_APEUSD | +0.0027% | 1h | 0.1483 | −0.898% | $408K | $649K | 20x | as long as short |
| dYdX APE-USD | +0.0029% | 1h | 0.1480 | −1.097% | $9K | $5 | 5x | as long as short |
| Injective APE/USDC PERPshort | +0.0033% | 1h | 0.1378 | −7.888% | $1K | $12K | 5.5x | |
| Hyperliquid APE | +0.0100% | 1h | 0.1483 | −0.842% | $1.3M | $385K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1481 | −0.994% | $123K | $20K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1481 | −0.992% | $4.1M | $7.0M | 50x | as long as short |
| Bybit APEUSDT | +0.0100% | 8h | 0.1481 | −1.023% | $3.7M | $3.1M | 50x | as long as short |
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1481 | −1.016% | $1.3M | $1.5M | 20x | as long as short |
GMX APE/USD [APE-USDC]
Reya APERUSDPERP
Kraken Futures PF_APEUSD
dYdX APE-USD
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
Bybit APEUSDT
OKX APE-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate APE_USDT | +0.0100% | 8h | 0.1480 | −1.090% | $635K | $312K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1482 | −0.936% | $4.3M | $859K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1480 | −1.070% | $1.8M | $3.5M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1482 | −0.936% | $2.1M | $587K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1480 | −1.070% | — | $13.1M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1481 | −1.013% | $8K | $12K | — | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1481 | −0.995% | $5K | $208K | 10x | as long as short |
| BloFin APE-USDT | +0.0174% | 8h | 0.1481 | −1.003% | $218K | $59K | 75x | as long as short |
| Deribit APE_USDC-PERPETUAL | +0.0425% | 1h | 0.1483 | −0.869% | $9K | $21K | 25x | as long as short |
| Coinbase International APE-PERP-INTXlong | +0.0936% | 1h | 0.1496 | long leg | $101K | $8K | 25x |
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
Extended APE-USD
BloFin APE-USDT
Deribit APE_USDC-PERPETUAL